The Tennessee State Capitol

Form 990-PFTax year 2024EIN 87-3340894

The MBM Foundation

A private foundation in Memphis, TN. Its return for tax year 2024 lists 7 grants and $66,000 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

4 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $66,000

    Grants listed
    7
    Assets, end of year
    $879,940
  • Tax year 2023

    $299,500

    Grants listed
    11
    Assets, end of year
    $905,140
  • Tax year 2022

    $0

    Grants listed
    0
    Assets, end of year
    $1,154,033
  • Tax year 2021

    $0

    Grants listed
    0
    Assets, end of year
    $0

Grants paid in 2024

7 grants, largest first

As listed on the return.

  1. Ed Murphey ClassicMemphis, TN

    Program Services

    $34,000
  2. Metropolitan Inter-Faith AssociationMemphis, TN

    Program Services

    $10,000
  3. Church HealthMemphis, TN

    Program Services

    $10,000
  4. Chickasaw CouncilMemphis, TN

    Program Services

    $5,000
  5. Palmer Home for ChildrenLK Cormorant, MS

    Program Services

    $5,000
  6. ArtsMemphisMemphis, TN

    Program Services

    $1,000
  7. Bamf HealthGrand Rapids, MI

    Program Services

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Youth development1 grant $34,00057% of the total
  2. Human services2 grants $15,00025% of the total
  3. Health1 grant $10,00017% of the total
  4. Arts and culture1 grant $1,0002% of the total

By State

Grants to organizations with a US address, latest year.

  1. Tennessee5 grants $60,000
  2. Mississippi1 grant $5,000
  3. Michigan1 grant $1,000

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • McNeal McDonnellTrustee/Distr Comm Hours 0Pay $0
  • L Pamela McDonnellDistribution Committ Hours 0Pay $0

The return

More foundations

Similar foundations

Same main cause (youth development), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Guy & Lucile Jones Family FoundationMt Juliet, TN 5 grants Preselected only $69,400 giving
  2. The John & Patty McEnroe FoundationNashville, TN 12 grants Preselected only $70,079 giving
  3. JC Morris Family FoundationGreeneville, TN 9 grants Accepts applications $71,060 giving
  4. The Bob & Susan Card Charitable FoundationCleveland, TN 18 grants Accepts applications $84,303 giving
  5. Summers FoundationBrentwood, TN 33 grants Preselected only $104,432 giving